MtGox claim status

[bomberb17]

Hello, I just noticed that there's a decision for most of the mtgox claims.
I log on to my account on https://claims.mtgox.com/assets/index.html then I click on the button that says "LIST OF ACCEPTANCE OR REJECTION FOR ALL CLAIMENTS".
But I get the error message on the top of the page "The server could not be contacted or returned an error. This could be due to very high traffic, network issues or ongoing maintenance. Please try again later. "
I've been trying for 2 days but no luck.
Has anyone managed to view his claim status?

[Tzupy]

What you see should look like this (copied from the main MtGox thread):



If you are missing the third option, then your claim wasn't processed yet.
Mine was approved as filed (last balance). The fourth option is not working for anyone yet.

[bomberb17]

Ok thanks, the third option is not visible for me.
I filed the claim through Kraken, should I be watching that option through Kraken or through the mtgox claims website?

[robelneo]

Hope you all guys get your claims,and also those who are on claims to mygox and hopefully what happen to mtgox will not happen again to other exchanges,but it seems we are going to see more mtgox like scenario in the future..

[azguard]

Hope you all guys get your claims,and also those who are on claims to mygox and hopefully what happen to mtgox will not happen again to other exchanges,but it seems we are going to see more mtgox like scenario in the future..

you have one right now on cryptsy
same scenario and no one will get there coins back

[Nrcewker]

I almost have to forget him, he was up on stage.

[soy]

I'm happy.  Just checked.  So, if the award btc value is more than current btc prices when payout is taken, and one takes btc rather than JPY, one should get more btc than was lost, correct?

[Tzupy]

I'm happy.  Just checked.  So, if the award btc value is more than current btc prices when payout is taken, and one takes btc rather than JPY, one should get more btc than was lost, correct?

No. The amount distributed will probably be about 20% of the last balance. If bitcoin drops to double digits, then it may become possible to get more btc than last balance.

[soy]

I'm happy.  Just checked.  So, if the award btc value is more than current btc prices when payout is taken, and one takes btc rather than JPY, one should get more btc than was lost, correct?

No. The amount distributed will probably be about 20% of the last balance. If bitcoin drops to double digits, then it may become possible to get more btc than last balance.

See, I don't understand what you're saying.  I have a quote of $X for Ybtc that was in MtGox to be awarded which includes a Delay Damage figure.  Oh, what you are saying is that's what my btc should be worth, not what they'll be giving me when they settle up.  That's my "claim".

[psychofractor]

I'm happy.  Just checked.  So, if the award btc value is more than current btc prices when payout is taken, and one takes btc rather than JPY, one should get more btc than was lost, correct?

No. The amount distributed will probably be about 20% of the last balance. If bitcoin drops to double digits, then it may become possible to get more btc than last balance.

Yep, the filed report says:
Total liabilities 8,732,190,301
Total assest 1,662,944,685
That should make 19%, unless they set a lower limit on claims which would raise the proportion for those who get payed.
The report: https://www.mtgox.com/img/pdf/20160217_report.pdf

[SebastianJu]

Tzupy

If you are missing the third option, then your claim wasn't processed yet.
Mine was approved as filed (last balance). The fourth option is not working for anyone yet.

Thanks for the info. I tried to click the last link since some minutes too already and nothing happened.

I miss the third option so I guess he did not work on the claim. It's not my bitcoins anyway luckily, only held them on behalf of another user but still worth a try.


psychofractor

Yep, the filed report says:
Total liabilities 8,732,190,301
Total assest 1,662,944,685
That should make 19%, unless they set a lower limit on claims which would raise the proportion for those who get payed.
The report: https://www.mtgox.com/img/pdf/20160217_report.pdf

So around 20% was relatively correct... ok... would be a better outcome than most exchanges going down at least.


soy

I have a quote of $X for Ybtc that was in MtGox to be awarded which includes a Delay Damage figure.  Oh, what you are saying is that's what my btc should be worth, not what they'll be giving me when they settle up.  That's my "claim".

It doesn't matter what currency you had on MtGox. All currencies will be calculated into Yen for the price of MtGox going down. Date is April 23, 2014 (Japan time). Which is around $590 bitstamp prices.

Which means a bitcoin was worth more back then than it is now.

Then if you chose to be paid in bitcoin you receive bitcoin and at the time of the payout the bitcoin is worth less, then you might become more than the 19% in bitcoin. Because you can buy more bitcoins with the damage you have in Yen. Though it will be not much more I guess.

[TEEGEE16]

Has anyone received anything? I do not show the 3rd option on my acct. yet.

Im just a little curious what the settlement may be.

I deposited 15kUSD to MtGox and I purchased btc with all but 4k$ worth..which was left cash in my account unable to withdraw any of it (of course).

My total amount of bankruptcy claim=1569166JPY....are people thinking I could possible get back 20% of that?

Just checking to see if anyone knows..

THX

[SebastianJu]

Has anyone received anything? I do not show the 3rd option on my acct. yet.

Im just a little curious what the settlement may be.

I deposited 15kUSD to MtGox and I purchased btc with all but 4k$ worth..which was left cash in my account unable to withdraw any of it (of course).

My total amount of bankruptcy claim=1569166JPY....are people thinking I could possible get back 20% of that?

Just checking to see if anyone knows..

THX

Surely nobody will receive anything until all claims are finished.

Currently only 19% will be paid back. Which still will be more than 20% of the bitcoins that you lost. At current prices.

I wonder how big the amount of coins is that the trustee holds back. Maybe at one point in time another payment might happen? Or does he pay out everything?

[bomberb17]

Still no third option for me to check my claim's results. Do we have a deadline or timeframe for all the claims to be processed?

[psychofractor]

So, the results are in, and it seems that most people got their claimed funds! Some have claimed ridculous sums that have driven up the total claims, so it just looked like the available funds were too low.

I got my whole claim, and with a healty 30% exchange rate profit since the bankruptcy, this turned out to be a very good investment! Who would have thought that?

[SebastianJu]

So, the results are in, and it seems that most people got their claimed funds! Some have claimed ridculous sums that have driven up the total claims, so it just looked like the available funds were too low.

I got my whole claim, and with a healty 30% exchange rate profit since the bankruptcy, this turned out to be a very good investment! Who would have thought that?

I was told that the accepted amount of bitcoins still is not the amount of bitcoins you receive. So 19% of the amount? But yeah, it could still be a profit. Too bad these are not my coins. I held them since years? there for a user that used me as escrow.

[bomberb17]

So any updates on when we are going to get reimbursed?

[bomberb17]

So what happens with this matter? Anyone got any news? When are we going to get our funds back?

[Raoul Duke]

Dudes, don't get your hopes up. The lawyers will just drag this shit for how long they can, that is, until any funds left are all spent paying their fees. Lawyers get paid, we get shit all.

[SebastianJu]

Dudes, don't get your hopes up. The lawyers will just drag this shit for how long they can, that is, until any funds left are all spent paying their fees. Lawyers get paid, we get shit all.

Yeah, looks like it.

Wanted to check back with this case. Nothing new here, right?